As LA fires burn, reverse mortgage industry emphasizes need for servicer, insurer contacts
Housing Wire
JANUARY 10, 2025
Representatives from lenders and servicers, as well as individual originators, have told HousingWire s Reverse Mortgage Daily (RMD) that its imperative for borrowers to let their servicer know about anything that could impact the occupancy of their property due to the terms of Federal Housing Administration (FHA)-backed reverse mortgages.
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